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Truck N' Hustle

TNH CLIPS - How to Evaluate Used Trailers For Sale?

Truck N' Hustle

Rahmel Wattley

Investing, Entrepreneurship, Business

5661 Ratings

🗓️ 8 May 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

#trucknhustle #podcast #trucknhustlepodcast James “Mitch” Marcel, CEO of Darda Management Group, sits down with our Rahmel Wattley and tells his story of how he got into the trailer sales and rental business. Mr. Marcel is a wealth of knowledge and drops more than a few gems to take home with you!! WATCH FULL EPISODE: https://youtu.be/L4JCZcwQmbo CONNECT WITH JAMES MARCEL: https://www.dardamanagement.com/ https://instagram.com/dardamanagement __________ GET RESET TICKET FOR PHILADELPHIA, PA https://www.universe.com/events/truck-n-hustle-reset-philadelphia-pa-networking-event-tickets-9GD3Y7 GET RESET TICKET FOR CHICAGO, IL https://www.universe.com/events/truck-n-hustle-reset-chicago-il-networking-event-tickets-30QSZ6 GET EARLY BIRD TICKETS FOR FREIGHT FEST 2023!!: http://FreightFest.com FOR MERCH: http://www.trucknhustle.store FOR EXCLUSIVE CONTENT & MORE VISIT: https://www.trucknhustle.com/ __________ SPECIAL THANKS TO OUR SPONSORS!!: OTR SOLUTIONS https://otrsolutions.com/trucknhustle/ CALL (470)900-3338 GTT COMMERCIAL TIRES https://www.gttcommercial.tires/ CALL 1(800)991-6251 __________ MENTIONED ON TRUCK N' HUSTLE PODCAST: DAT POWER - The Industry's Most Advanced Load Board http://www.dat.com/power/0001922618 DAT TRUCKERS EDGE http://www.truckersedge.com/0001922618 DAT EXPRESS http://www.dat.com/express/0001922618 __________ THIS PODCAST WAS PRODUCED, RECORDED, SHOT & EDITED by Kweku KingNabi for Truck N' Hustle Media HERE IS WHAT WE USE: Blackmagic Design Pocket Cinema Camera 6K Pro: https://amzn.to/3BwRUYm Rode RODECaster Pro Podcast Production Studio: https://amzn.to/3Bw3cvW Electro-Voice RE320 DYNAMIC MICROPHONE: https://amzn.to/3BuhmxD Sigma 18-35mm F1.8 Art DC HSM Lens for Canon, Black: https://amzn.to/3FMqvUE Godox SL-60W CRI 95+ LED Video Light SL60W White 5600K Version: https://amzn.to/3HqXRtE __________ JOIN THE HUSTLE FAM ON SOCIAL MEDIA: Instagram: http://instagram.com/trucknhustle/ TikTok: https://www.tiktok.com/@trucknhustle Facebook: https://www.facebook.com/trucknhustle Linkedin: https://www.linkedin.com/company/tnhmedia/ Discord: https://discord.gg/g8kzDNu7 Twitter: https://twitter.com/TruckNHustle Patreon: https://www.patreon.com/Trucknhustle Listen to the TRUCK N' HUSTLE PODCAST: iTunes: https://podcasts.apple.com/us/podcast/truck-n-hustle-1-trucking-podcast Spotify: https://open.spotify.com/show/55GP6pfA0RlmtEgNH70d5K _________ NOTE: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!

Transcript

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0:00.0

process for for buying trailers one where do you get them two and how do you distinguish what's

0:07.0

going to be for sale what's going to be for lease so our plans so what we do is we source trailers

0:13.0

we actually figure out what we're going to do on the new trailer side and we put that budget

0:19.3

together and those numbers together for new trailers, and we send that over

0:24.0

to Frouhof on an annual basis.

0:28.0

And, you know, their production, last year wasn't able to really keep everybody needed trailers

0:33.5

last year.

0:34.1

So, you know, they had, they were maxed out and they told us exactly how

0:38.7

many we could get, which was probably a couple hundred fewer than what we requested.

0:43.9

So we source all of our new trailers from Frouhoff. We will do some new drive vans and new

0:50.3

chassis. We will do some one-off type purchases from other dealers every now and then if they have

0:57.1

equipment that we need that's outside of what Fruhoff can manufacture.

1:03.8

But, you know, 99.9% of our new trailers come from Fruhoff.

1:08.7

I use trailers.

1:10.2

They normally come from brokers that I use trailers they normally come from

1:11.4

brokers that we've been working with forever and most of those are guys that I

1:16.5

worked with that you know my G capital days who are still in the business and

1:20.2

their sourcing trailers we also buy from other dealers which we normally don't do that much of because, you know,

1:29.9

they're priced a lot higher.

1:31.4

We at one point bought from auctions, but we don't do that anymore because, you know, when

1:36.1

things were at, when pricing was at an all-time high in demand was, you know, at its peak,

1:41.5

those trailers were going for more than market-based prices at the

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